Tata Power Q1 FY25 results

Tata Power Shines: Q1 FY25 Net Profit Rises 31%, Reaching Rs 1,189 Crore

Tata Power announced a significant 31% rise in its consolidated net profit for the first quarter of the fiscal year 2025, reaching Rs 1,189 crore. This impressive growth is attributed to the company’s operational efficiency and robust performance across its diverse business segments.

Highest Ever PAT Growth

Tata Power reported its highest ever and 19th consecutive quarter of Profit After Tax (PAT) growth, showcasing the company’s consistent operational performance and execution excellence. The net profit for Q1 FY25 stood at Rs 1,189 crore, marking a 31% year-on-year (YoY) increase from the previous year’s period.

Business Contributions

According to Tata Power, its various business segments, including generation, transmission & distribution, and renewables, contributed significantly to this growth. These segments accounted for 84% of the PAT in Q1 FY25, compared to 72% in the same period in FY24.

Financial Performance

Revenue and EBITDA Growth

Tata Power’s consolidated revenue rose by 12% YoY, reaching a record high of Rs 16,810 crore in Q1 FY25, up from Rs 15,003 crore in Q1 FY24. Additionally, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew by 11% to Rs 3,350 crore, compared to Rs 3,005 crore in the same quarter of the previous year.

Net Profit Before Exceptional Items

The consolidated net profit before exceptional items was reported at Rs 906 crore for the quarter ended June 30, 2023. This reflects the company’s strong financial health and operational efficiency.

Operational Efficiency and Growth

CEO’s Statement

Praveer Sinha, CEO and Managing Director of Tata Power, highlighted the company’s profitable growth across all its businesses, driven by operational efficiency, execution excellence, and sustained business momentum.

Planned Capex and Clean Energy Initiatives

Tata Power has planned a capital expenditure (capex) of Rs 20,000 crore for the current financial year. The company remains committed to adopting and leading new and emerging clean energy technologies. This includes projects such as pumped hydro, hydropower in Bhutan, and small modular nuclear reactors as government policies evolve.

Investment and Capacity

Q1FY25 Capex Investment

In Q1FY25, Tata Power recorded a capex investment of Rs 4,000 crore. The company’s clean and green installed capacity stands at 6.1 GW, accounting for 41% of its total capacity, with an additional 5.3 GW under execution.

Order Pipeline and Market Share

Tata Power’s combined order pipeline for utility-scale Engineering, Procurement, and Construction (EPC) and solar rooftop projects, including group captive, is valued at Rs 15,500 crore. The company aims to capture a 20% market share in the residential rooftop segment, supported by its new solar manufacturing facility and extensive pan-India channel partner network.

Conclusion

Tata Power’s remarkable performance in Q1 FY25 underscores its operational excellence, strategic investments, and commitment to clean energy. With significant growth across its business segments and a strong focus on new technologies, Tata Power is well-positioned for continued success.

FAQs

1.What was Tata Power’s net profit for Q1 FY25?

A. Tata Power reported a net profit of Rs 1,189 crore for Q1 FY25, marking a 31% YoY increase.

2.Which business segments contributed most to Tata Power’s PAT in Q1 FY25?

A. The generation, transmission & distribution, and renewables segments contributed 84% to the PAT in Q1 FY25.

3.How much did Tata Power’s revenue grow in Q1 FY25?

A. Tata Power’s revenue grew by 12% YoY, reaching Rs 16,810 crore in Q1 FY25.

4.What is EBITDA and how much did Tata Power report in Q1 FY25?

A. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. Tata Power reported an EBITDA of Rs 3,350 crore in Q1 FY25.

5.What is Tata Power’s planned capex for the current financial year?

A. Tata Power has planned a capex of Rs 20,000 crore for the current financial year.

6.How much did Tata Power invest in capex in Q1 FY25?

A. Tata Power recorded a capex investment of Rs 4,000 crore in Q1 FY25.

7.What is Tata Power’s clean and green installed capacity as of Q1 FY25?

A. Tata Power’s clean and green installed capacity is 6.1 GW, accounting for 41% of its total capacity.

8.What is Tata Power’s order pipeline for utility-scale EPC and solar rooftop projects?

A. The combined order pipeline for utility-scale EPC and solar rooftop projects, including group captive, is valued at Rs 15,500 crore.

9.What market share does Tata Power aim to achieve in the residential rooftop segment?

A. Tata Power aims to capture a 20% market share in the residential rooftop segment.

10.What new and emerging clean energy technologies is Tata Power focusing on?

A. Tata Power is focusing on pumped hydro projects, hydropower projects in Bhutan, and opportunities to develop small modular                     nuclear reactors.

Tata Power Q1 FY25 results

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